2023 Form 5500 filing — Lane-Valente Industries, Inc. 401(K) Profit Sharing Plan & Tru
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240904065754NAL0011001811001) for Lane-Valente Industries, Inc. 401(K) Profit Sharing Plan & Tru, reported by Lane-Valente Industries, Inc. under EIN 11-3459495 and plan number 002. It reports 452 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240904065754NAL0011001811001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lane-Valente Industries, Inc.
- EIN
- 11-3459495
- Plan number
- 002
- Location
- Smithtown, NY
- Participants
- 452
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $25,462,596
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,462,596
- Employer contributions
- $777,551
- Participant contributions
- $1,665,923
- Total income / additions
- $6,749,598
- Benefits paid
- $1,030,740
- Administrative expenses
- $92,477
- Total expenses
- $1,177,977
- Net increase / (decrease)
- $5,571,621
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wells Fargo Advisors Financial Netw | INVESTMENT/FINANCIAL ADVI | $52,622 | $0 |
| Adp, Inc. | RECORD KEEPER | $39,855 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |